Dynamic indicator had SPI range for today as 4611-4695 and we have had 4615-4697 so fair enough.
The ranges are shrinking like everything else.
In the 4 hrly CMC chart below price is working between the 2 non parallel trendlines.
I guess it can break up but it seems like its taking to long and more like a bearish flag.
For mine gentle up slopes lead to sharp declines and vice versa.
which way wednesday, page-73
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Last
7,831.8 |
Change
91.900(1.19%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,739.9 | 7,835.7 | 7,739.9 |
| XJO (ASX) Chart |